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Customer Quotes by Ben Bernanke

95 Customer quotes by Ben Bernanke

All Customer quotes Ben Bernanke’s page

If Wall Street crashes, Main Street does not necessarily follow, the quotes note. They explain that the Federal Reserve does not predict a recession and does not expect large spillovers from the subprime market. They also describe tools like liquidity provision and the ability to keep interest rates aligned with economic goals, while refusing to monetize debt.

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The Federal Reserve will not monetize the debt.

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The Fed is totally open.

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Monetary policy is not a panacea.

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There are limits to monetary policy.

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The Fed's independence is critical.

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I don't see much evidence of an equity bubble,

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Deflation is defined as a general decline in prices, with emphasis on the word 'general.'

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Preventing liquidation of an unbalanced market will leave you in tears.

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The Federal Reserve is not currently forecasting a recession.

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Obviously, I haven't succeeded in defusing the political concerns about the Fed.

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The central bank needs to be able to make policy without short term political concerns.

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All the Federal Reserve can do is make loans against collateral.

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Interest rates are used to achieve overall economic stability.

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Banks need to continue to lend to creditworthy borrowers to earn a profit and remain strong.

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The Federal Reserve, like other central banks, wields powerful tools; democratic accountability requires that the public be able to see how and…

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The economic repercussions of a stock market crash depend less on the severity of the crash itself than on the response of…

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The role of liquidity in systemic events provides yet another reason why, in the future, a more system wide or macroprudential approach…

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The one thing people don't appreciate, I think, is that central banking is not a new development. It's been around for a…

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Since World War II, inflation - the apparently inexorable rise in the prices of goods and services - has been the bane…

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The Fed's policy choices can always be debated, but the quality and commitment of the Federal Reserve as a public institution is…

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The financial crisis that began in the summer of 2007 was an extraordinarily complex event with multiple causes.

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Uncertainty is seen to retard investment independently of considerations of risk or expected return.

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The actions taken by central banks and other authorities to stabilize a panic in the short run can work against stability in…

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Because financially capable consumers ultimately contribute to a stable economic and financial system as well as improve their own financial situations, it's…

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A collapse in U.S. stock prices certainly would cause a lot of white knuckles on Wall Street. But what effect would it…

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The Mexican debt crisis, Latin American debt crisis, the crises of the 1990s, the Wall Street stock market crash, and other events…

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If Australia finds it has a strong Australian dollar, and it has higher unemployment, then it would have to respond, and that…

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Given the extent of the exposures of major banks around the world to A.I.G., and in light of the extreme fragility of…

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In September 2008, the two largest housing mortgage companies called Fannie Mae and Freddie Mac, which were government-sponsored enterprises, which hold hundreds…

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I and others were mistaken early on in saying that the subprime crisis would be contained. The causal relationship between the housing…

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The basic prescription for preventing deflation is therefore straightforward, at least in principle: Use monetary and fiscal policy as needed to support…

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There's no denying that a collapse in stock prices today would pose serious macroeconomic challenges for the United States. Consumer spending would…

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Given the central role of effective, firmwide risk management in maintaining strong financial institutions, it is clear that supervisors must redouble their…

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Inflation is certainly low and stable and, measured in unemployment and labour-market slack, the economy has made a lot of progress. The…

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The Federal Reserve cannot solve all the economy's problems on its own.

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If Wall Street crashes, does Main Street follow? Not necessarily.

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In the past, Federal Reserve chairmen have not generally gone directly to the public.

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A collapse in U.S. stock prices certainly would cause a lot of white knuckles on Wall Street.

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September and October of 2008 was the worst financial crisis in global history, including the Great Depression.

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It's true that the Federal Reserve faces a lot of political pressure and is unpopular in many circles.

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More by Ben Bernanke

If Wall Street crashes, does Main Street follow? Not necessarily.

The Federal Reserve is not currently forecasting a recession.

We do not expect significant spillovers from the subprime market to the rest of the economy or to the financial system.

In the past, Federal Reserve chairmen have not generally gone directly to the public.

The U.S. government has a technology, called a printing press (or, today, its electronic equivalent), that allows it to produce as many U.S. dollars…

The Depression was an incredibly dramatic episode - an era of stock-market crashes, breadlines, bank runs and wild currency speculation, with the storm clouds…

Community development has a long history of innovation and learning from experience.

To be sure, the provision of liquidity alone can by no means solve the problems of credit risk and credit losses; but it can…

Consumers going through foreclosure typically will see their credit scores drop, raising longer-term questions about their ability to rebound financially and perhaps pursue a…

If you are not happy with yourself, even the loftiest achievements won't bring you much satisfaction.

High levels of homeownership have been shown to foster greater involvement in school and civic organizations, higher graduation rates, and greater neighborhood stability.

...the Federal Reserve has the capacity to operate in domestic money markets to maintain interest rates at a level consistent with our economic goals

The Federal Reserve will not monetize the debt.

To avoid large and unsustainable budget deficits, the nation will ultimately have to choose among higher taxes, modifications to entitlement programs such as Social…

The U.S. government has a technology, called a printing press (or today, its electronic equivalent), that allows it to produce as many U.S. dollars…